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Basic Corporate Governance for Board Directors of GOCCs

GCG-accredited
Training investment is inclusive of an e-certificate and a printed learning material

P 4,880.00 / person - when you register and pay on or before August 29

P 0.00 / person - Regular Rate


Thursday & Friday, September 29 & 30, 2022


Section 2, Article 5F of GCG Memorandum Circular No. 2012-05 mandates all appointive directors and CEOs of Government-Owned or Controlled Corporations (GOCCs) to attend a special seminar on public Corporate Governance within 3 months from one’s date of appointment.

This GCG-accredited webinar is to fulfill your compliance requirement to attend a corporate governance training designed to guide you to be an effective director or CEO of a GOCC.

This two-session foundational course will cover topics including principles of governance, duties and responsibilities of the Board as a collegial body and as individual members, performance management, accountability of public officers, local and foreign best practices, and more!



COURSE DIRECTORS & MASTER TRAINERS



Atty. Rainer Dela Fuente


He is a lawyer and a certified public accountant. He was a former Financial Investigator of the Philippine Anti-Money Laundering Council (AMLC) Secretariat, where he acquired valuable insights and experience on AML/CFT matters. He was also a member of the AMLC Secretariat pool of lecturers conducting training programs for covered persons, law enforcement and other government agencies, the academe and other institutions.

His experience spans both the public and private sector. Rainer is an accredited trainer of the AMLC, a lecturer at the Philippine Institute of Certified Public Accountants (PICPA) and an empanelled trainer at the Finetelekt Academy.

He is also the founder of AML Consulting Ph which handles AML/CFT compliance matters of various covered persons in the Philippines.


Atty. Johann Carlos S. Barcena


Director IV and Officer in Charge, Governance Commission for GOCCs

Who Should Attend?


    Newly-Appointed Board Directors of GOCCS

    Board Directors of GOCCs

    Key Management Officers of GOCCs

    Lawyers

    Everyone interested on the topic

 

Training Content

First Session
1:00 - 2:50
  - Corporate Governance: What, Who, & Why?
  - Best Practices: Local and Global
    a. OECD Guidelines on Corporate Governance of State-Owned Enterprises (SOEs)
    b. G20/OECD Principles of Corporate Governance
    c. ASEAN Corporate Governance Scorecard
    d. SEC Code of Corporate Governance
3:00 - 5:00
  - Duties and Responsibilities of the Board: Individual and Collective
  - Accountability of GOCC Directors as Public Officers
    a. Code of Conduct and Ethical Standards for Public Officials (R.A. No. 6713)
    b. Anti-Graft and Corrupt Practices Act (R.A. No. 3019)
    c. Government Procurement Reform Act (R.A. No. 9184)
    d. Ease of Doing Business Act (R.A. No. 11032)
Second Session
1:00 - 2:30
  - The GOCC Governance Act (R.A. No. 10149) and its related issuances
  - The Governance Commission for GOCCs (GCG) and its mandates
2:45 - 5:00
  - Performance Evaluation System (PES) for GOCCs vs. Performance Evaluation for
    Directors (PED)
  - Performance Scorecard vs. Corporate Governance Scorecard

 

Key Learning         

• Corporate Governance

   • What is corporate governance
   • Who are the relevant actors
   • Why adopt good corporate governance practices
   • How principles and practices are applied locally and globally


• Roles and Responsibilities of Board Directors

 

   • Standard of extraordinary diligence for GOCC Directors
   • Duty of Diligence and Loyalty as Fiduciaries


• Functions of Board Committees

 

   • Mandatory Committees for GOCCs
   • Conduct of Board Meetings


• GOCC Directors as Public Officers

 

   • Statement of Assets, Liabilities, and Net Worth (SALN)
   • Accountabilities and Liabilities as Public Officers
   • Prohibited acts under special laws


• Overview of the GOCC Governance Act and its Organic Documents

 

   • Fit and Proper Rule for Appointive Directors and CEOs of GOCCs
   • Ownership and Operations Manual Governing the GOCC Sector
   • Code of Corporate Governance for the GOCC Sector
   • Policies and Guidelines on the Integrated Corporate Reporting System
   • The Whistle Blowing Policy


• The Governance Commission for GOCCs and its Key Mandates

 

   • Rationalize the GOCC Sector
   • Nominate Appointive Directors
   • Monitor and Evaluate GOCC Performance
   • Standardize Compensation System


• Performance Management

 

   • Strategy Formulation and Execution
   • Performance Scorecards
   • Performance Monitoring and Evaluation
   • Performance-Based Incentives and Accountability Mechanisms



This training is open to the general public including those who are waiting to be appointed or aspiring to be appointed and preparing for a directorship or CEO / senior level post in a GOCC.

 



Those from government are exempted from the P2,800.00 per day limit set by COA for attending training provided by the private sector based on the NEW Department of Budget and Management Circular No. 596 dated January 20, 2025.

Attending this training is not covered by the newly-enacted Procurement Law (R.A. 12009) based on its IRR’s Section 4.4-b, which classifies training continuing education, conferences and similar activities as "non-procurement activities that shall be governed by applicable COA, CSC, and DBM rules".
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Center for Global Best Practices (CGBP) is accredited by the following institutions
Contact Details
For clarification or request for an invitation letter, you may reach out to:

Contact Person: Kyra Gayle Villanueva
Mobile Number (+63 968) 851-2347
Telefax: (+632) 8842-7148 or 59
Email: kyra.cgbp@yahoo.com


Account Name: Center for Global Best Practices Foundation, Inc.

Metrobank: 495-3-495-504-418
Unionbank: 0013-3002-7702
PNB: 1477-7000-0961
Landbank: 3832-1015-82

Address

Unit 905 Richville Corporate Tower
1107 Alabang-Zapote Road
Madrigal Business Park
Muntinlupa City 1780, Philippines

Contact Us

(+63 2) 8556-8968 (+63 2) 8556-8969 (+63 2) 8842-7148 (+63 2) 8425-9752 (+63 2) 8842-7159 cgbp.info@gmail.com

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